GM Gets To Dump Its Polluted Sites

ParticleGirl writes with this excerpt from the Detroit Free Press: "GM's unusual, government-engineered bankruptcy allowed the Detroit automaker to emerge as a new company — and to shed billions in liabilities, including claims that governments had against GM for polluting. Environmental liabilities estimated at $530 million were left with the old GM, which has only $1.2 billion to wind down. Administrative fees and other claims will soak up that money, and state and local officials told the Free Press they fear the cleanups will be shortchanged. ... The New York Attorney General's Office, seeking to protect environmental claims for cleanup at Massena and other sites, argued that federal and state regulatory requirements should not be eliminated by a bankruptcy sale. ... But [US Bankruptcy Judge Robert Gerber] ruled otherwise."

Comments

Re:GM is just another government agency

[larry bagina]

I'm sure they will once they in control 100% of healthcare rather than just 50% of it.

Re:Both GM and Chrysler were handle poorly

[QuoteMstr]

I know it's easy to act like a badass on the internet, but it doesn't make you cool.

Go ahead, mutilate the English language. But anyone who matters will completely disregard your statement if you can't be bothered to the basic rules of grammar. If your writing is unstructured, then your thoughts most likely are as well.

no life

You realize this is slashdot.org, right? "News for Nerds, Stuff that Matters"?

Re:Sweet

[Anonymous Coward]

RTFS, n00b! WTF do you think this story is about?

Re:What do you want them to do?

[sumdumass]

I guess the truth is a troll.